Santiago Siri affirmed that Argentina could use the energy produced in the country to mine cryptocurrencies and generate reservess. According to Siri, this practice could be an excellent opportunity for the Argentine economy.
Santiago declared in the UBA auditorium in the framework of the talks convened by Decrypto and the UBA Student Center (CECE) that: “it is a crazy bet to put 1% of the reserves in bitcoin, as I said in 2014 when it was 600 dollars. But, we could put some of the energy that we produce to mine bitcoin and generate reserves”.
Santiago Siri is the founder and CEO of the Democracy Earth Foundation. Also highlighted the importance of cryptocurrencies in the current global monetary debatepredicted 10 years ago by the bitcoiner community. “America is not going to give up easily. China and Russia neither”, stated.
In addition, despite proclaiming itself as “ethereal”, due to its affinity with the Ethereum ecosystem, Siri recognized the importance of both Bitcoin and Ethereum. “I remain an optimistic holder. Bitcoin and ether are the formula, always in the long term“, he claimed.
Siri was also moved by everything that is happening in Argentina, after several years living abroad. The visit of Vitalik Buterin, one of the creators of Ethereum, evidenced this feeling: “Vitalik really enjoyed Argentina, that’s why he came back. He really enjoyed it.” said. And he added that: “It was a country that transmitted that affection that we have. She felt very much at home”.
Furthermore, he said that:We have an opportunity to leap into the future. The talent to generate this type of technology is and is Argentine”. Regarding the current crypto market, he said that: “Lhe fall of Silicon Valley Bank was déjà vu from the corralito in 2001. The interesting thing about all this is that bitcoin was reactivated”.
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